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To: jonose

Thanks for the chart. Given that interest is already a significant cost (looking at the chart), it’ll be a real shock to the system if it were to double! It’s no wonder Bernanke is doing everything he can to keep it near zero.


3 posted on 07/18/2013 6:17:23 AM PDT by Errant
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To: Errant

Agree. And as bad as that chart is, it’s not clear whether the chart takes interest rate into account. A rising interest rate may make this much worse. At any rate, at least it indicates an exponential function, something that too few folks understand.


6 posted on 07/18/2013 6:39:17 AM PDT by MulberryDraw (That which cannot be paid, won't be paid.)
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